Timeshare Fraud: 5 Tips Timeshare Resorts Don´t Want You To Know

The more you know about timeshare fraud is the less likely you will fall for a scam in this industry. Know five tips to follow in case you are interested in purchasing a timeshare from a timeshare developer.

The majority of the timeshare fraud victims that contact us at Mexican Timeshare Solutions are embarrassed about their mistake of purchasing a timeshare without doing their research beforehand. Timeshare Fraud is not something to be embarrassed about, it is a multi-million dollar industry that preys n timeshare, timeshare scam, timeshare fraud, timeon trusting vacationers and needs to be stopped. In order to do this, we urge all the people that have been scammed by timeshare developers in Mexico to take action and work to resolve their issues and prevent the perpetrators of fraud from harming others.

Here are some simple steps to prevent yourself from becoming a victim of timeshare fraud:

1) Ask questions. Make sure that you understand all the terms of the purchase contract. Ensure that everything that you were told during the sales presentation is detailed in writing in the contract that you sign. Do not trust verbal promises made by salespeople.

2) Take your time before signing a timeshare contract. Do not sign anything under pressure. One day offers, or claims that you do not need to read the contract as everything has been explained to you verbally, are indicators of timeshare Fraud. Timeshare fraud salespeople do not want the clients to walk away from the presentation without purchasing. They will often keep potential clients, against their will, for hours on end, offering various packages of different amounts and configurations. Many people sign because they are tired and want to leave, they are confused, or they are offered great deals that are available just for that day. With important financial decisions, we recommend that you take your time, do research on the company, and then decide whether or not to purchase.

3) Talk with Other Owners. If you are staying at the timeshare resort, talk to other owners when you are in the pool, lobby, etc. Ask them about their experiences with availability, reservations, customer service, quality of lodging, rentals, resales and any other factors that are important for you before you make your decision about whether or not to purchase a timeshare at the resort.

4) Read Carefully. Timeshare contracts are legally binding agreements. Make sure that you read every page of the contract before signing. The timeshare developers and rental/resale agents use careful wording to trick clients to believe claims of guaranteed rentals and amazing investment opportunities. For example, they may claim to guarantee acceptance of your timeshare weeks into their rental inventory, but not actually guarantee the rental. Ensure that you understand the root meaning of each clause, and avoid signing contracts that include vague clauses such as “I have not been made any verbal promises by the salesperson”.

5) Keep Documents. Make sure that you receive every page of the contract before you leave the sales room and keep a copy of all the relevant documents. Do not rely on the resort to mail you a copy of the contract as some clients have received just partial versions of the contract, with some of the important pages missing. You should receive a full copy of all the documentation at the time of purchase, including the contract, any addendums and the notes that the timeshare salesperson wrote to explain the timeshare terms. In case you have any disputes, you have all the details in writing about what you were promised during the sales presentation.

What can you do if you are already a timeshare scam victim:

1) Contact Mexican Timeshare Solutions for a free consultation of how we can cancel your contract and recover your money.

3) Complain to all levels of customer service and management of the timeshare resorts to ensure that they are made aware of your concerns and make every effort to rectify the situation and stop the fraudulent sales practices.

4) Report your concern on our Mexican Timeshare Solutions Blacklist, timeshare user group websites or other complaint or consumer review websites to prevent other vacationers from timeshare scam. Word of mouth is the best form of advertising, and negative press for the resorts is potentially the best way to stop their fraudulent sales methods.

Thousands of people every year fall victim to timeshare Fraudwhile vacationing in Mexico. The sales teams have carefully crafted and proven techniques to close sales, and are very skilled in ensuring that potential clients become timeshare owners. Do not feel ashamed of your purchase, instead, take action to prevent others from financial ruin and to resolve your own situation. Contact Mexican Timeshare Solutions today for their professional advice on how to get rid of your Mexican timeshare contract, so that you can take vacations on your own terms.

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I actually say NO to the free meal so I would not have to say NO again later.

PamelaDecember 24, 2014, 8:25 pm

The worst thing that you could ever do is not read all the terms and to make a research before buy something, buy a timeshare is the worst investment ever, pls analyze everything before you take a decision

javatotoSeptember 3, 2014, 9:57 am

DO NOT BUY A TIMESHARE IN MEXICO, YOU CAN BUY ONE ON REDWEEK FOR A PENNY, YOU ARE RESPONSIBLE FOR MAINTENANCE FEE FOR THE REST OF YOUR LIFE. DON'T BELIEVE THEY WILL RENT IT FOR YOU, ...VIEW... THEY WON'T, WRITE EVERYHING DOWN AS THEY LIE LIE LIE LIE LIE TO SELL YOU A WEEK. I TRIED TO BOOK A ROOM MY TIME SHARE PUEBLO BONITARSE' 50 WEEKS AHEAD,, THEY WERE ALL SOLD OUT,, SAD FOR ME CUZ I S PAID... TEN GRAND FOR THAT AND THEY WON'T LET ME USE IT. Just know they just xlnt want your your money, NOT YOU? SO ...HE ...IF YOU MUST GO ON A TIME SHARE PRESENTATION, TAKE THEIR MONEY BUT MAKE SURE THEY PAY YOU FOR 5 HOURS OF YOUR PRECIOUS VACATION, IME IS IMPORTANT TO YOU AS YOU HAVE VERY LITTLE IT SEEMS AND YIU PAID A LOT OF YOUR OWN CASH FOR YOUR AWAKE HOURS ON VACATION, DO THE MATH. YOU CANNOT GET THE TIME BACK EVER AGAIN. IT'S GO.E SO WHAT IS IT WORTH TO YOU, SO IS HALF A DAY WORTH A FREE CITY TOUR, NO NO NO IT'S NOT.. 300.00 TO 500.00 MIGHT BE WORTH YOUR MORNING, GET ULF ULF.. THEIR EARLY BREAKFAST, ARK ..ASK NO QUESTIONS, DO NOT VOLUNTEER any info, act lil hung over so you can just sit.there inUN interested. sorry spelling won't let me. BAck up to fix spelling.

EricAugust 19, 2014, 10:31 am

Timeshare is going no-where. This industry will be strong again and along with everything else it will re-tool and be better for it. Hotel chains know the value of the timeshare piece, not in just selling but also the extra business it brings to the restaurants,golf courses, and other ementities the hotels have to offer.

EricAugust 19, 2014, 8:58 am

Timeshare is going no-where. This industry will be strong again and along with everything else it will re-tool and be better for it. Hotel chains know the value of the timeshare piece, not in just selling but also the extra business it brings to the restaurants,golf courses, and other ementities the hotels have to offer.

Sandra BonesAugust 6, 2014, 11:34 am

We purchased The Grand Mayan 3 months ago. The sales person convinced us it was a great investment in that Wyndam would guarantee the rental of our weeks for the next 5 years. Thus we would recoup our investment in 5 years. He also assured us that after 2 years the company would buy back our membership for 65% of the Fair Market Value. None of that was in writting & we signed all the contracts. Of course none of that was in the contract & none of it is true. We put $10.000 down on our credit card & owe them the balance. The only saving grace is that they gave us an adendum to say we only pay the maintenance fee when we reserve or space bank the week. They did a few other shady things. I have not yet called The Grand Mayan to start complaining. Is it worth it?